Former prime minister Nawaz Sharif (3L), brother of Pakistan’s current Prime Minister Shehbaz Sharif, leaves property in west London on May 11, 2022. — AFP ISLAMABAD: PML-N leader and Federal Minister …
China’s Economy Slows Unexpectedly as Covid and Property Woes Mount
China’s economic recovery slowed even further than expected in July, as Covid restrictions and a crumbling property market compound additional woes. Nearly all key economic indicators fell short of …
China cuts rates as lockdowns and a real estate crisis take their toll
China’s central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn.
Why this Taiwan crisis is more dangerous than the last one
In the decades since the last Taiwan crisis, China’s rapid military build-up has shifted the balance of power around the island decisively in its favour. Originally published in the Australian …
‘No One Immune’ Amid China Property Turmoil, JPMorgan Says
Chinese developers may report a 30% year-on-year decline in first-half earnings due this month, which will likely weigh on sentiment, according to JPMorgan Chase & Co. analysts.Most Read from …
CNA Explains: Why are Singapore Savings Bonds in hot demand and should you invest in them?
Rising yields from the Singapore Savings Bonds have been attracting more investors in recent months. Is it too late for you to jump in? CNA asks the experts.
‘Risk of stagflation!’ China’s economy takes hit amid Covid outbreaks and property crisis
CHINA’s economy has taken an unexpected hit as Covid outbreaks rock the nation and the property crisis continues to bite, a report has claimed.
New tenants to pay higher rents in Dubai
Experts say rental rates to remain elevated in the second half of the year, however, rental growth is expected to slow eventually …
China July property investment in biggest decline this year
China’s property investment by developers further worsened in July, down the most this year, while new construction starts suffered their biggest fall in nearly a decade, amid still tight funding …
Japan plans fresh package to cushion blow from rising living costs
Japanese Prime Minister Fumio Kishida on Monday instructed his ministers to draw up additional steps to cushion the economic blow from rising living costs in a package due to be compiled next month.